View Past PerformancePractic バランスシートの健全性財務の健全性 基準チェック /46Practicの総株主資本はRON509.5M 、総負債はRON63.1Mで、負債比率は12.4%となります。総資産と総負債はそれぞれRON588.4MとRON78.9Mです。 Practicの EBIT はRON36.9Mで、利息カバレッジ比率31.8です。現金および短期投資はRON529.2Kです。主要情報12.38%負債資本比率RON 63.09m負債インタレスト・カバレッジ・レシオ31.8x現金RON 529.21kエクイティRON 509.53m負債合計RON 78.86m総資産RON 588.39m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • Apr 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 31Upcoming dividend of RON30.94 per shareEligible shareholders must have bought the stock before 07 April 2026. Payment date: 30 April 2026. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Romanian dividend payers (6.6%). In line with average of industry peers (3.6%).Board Change • Mar 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.New Risk • Feb 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 108% Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).Board Change • Feb 18No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Jan 24Practic S.A., Annual General Meeting, Mar 23, 2026Practic S.A., Annual General Meeting, Mar 23, 2026.Board Change • Dec 23No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Oct 29Upcoming dividend of RON122 per shareEligible shareholders must have bought the stock before 05 November 2025. Payment date: 20 November 2025. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Romanian dividend payers (6.2%). Higher than average of industry peers (3.3%).New Risk • Sep 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 108% Dividend yield: 4.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 108%Board Change • Sep 18No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.分析記事 • Jun 26Does Practic (BVB:PRBU) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 29%After last week's 29% share price gain to RON1,240, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 24x in the Real Estate industry in Romania. Total returns to shareholders of 13% over the past year.Board Change • Jun 12No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Apr 04Upcoming dividend of RON27.00 per shareEligible shareholders must have bought the stock before 09 April 2025. Payment date: 29 April 2025. Trailing yield: 5.3%. Lower than top quartile of Romanian dividend payers (7.6%). In line with average of industry peers (5.6%).Board Change • Apr 04No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 111% Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).Board Change • Jan 30No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Dec 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Nov 07Upcoming dividend of RON24.62 per shareEligible shareholders must have bought the stock before 14 November 2024. Payment date: 28 November 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.5%. Lower than top quartile of Romanian dividend payers (7.4%). Lower than average of industry peers (5.1%).Board Change • Oct 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.分析記事 • Sep 30Market Participants Recognise Practic S.A.'s (BVB:PRBU) EarningsPractic S.A.'s ( BVB:PRBU ) price-to-earnings (or "P/E") ratio of 23x might make it look like a strong sell right now...Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to RON1,180, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 28x in the Real Estate industry in Romania. Total loss to shareholders of 16% over the past year.Board Change • Sep 28No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to RON1,000, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 31x in the Real Estate industry in Romania.分析記事 • Jun 11Practic S.A.'s (BVB:PRBU) Popularity With Investors Is ClearPractic S.A.'s ( BVB:PRBU ) price-to-earnings (or "P/E") ratio of 24.3x might make it look like a strong sell right now...Board Change • Jun 10No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Apr 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.New Risk • Apr 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 58% Last year net profit margin: 87% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Cash payout ratio: 128% Minor Risk Profit margins are more than 30% lower than last year (58% net profit margin).Upcoming Dividend • Apr 01Upcoming dividend of RON28.06 per shareEligible shareholders must have bought the stock before 08 April 2024. Payment date: 29 April 2024. Payout ratio and cash payout ratio are on the higher end at 97% and 88% respectively. Trailing yield: 4.9%. Lower than top quartile of Romanian dividend payers (7.2%). Higher than average of industry peers (3.6%).Board Change • Mar 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.財務状況分析短期負債: PRBUの 短期資産 ( RON19.6M ) が 短期負債 ( RON13.4M ) を超えています。長期負債: PRBUの短期資産 ( RON19.6M ) は 長期負債 ( RON65.5M ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: PRBUの 純負債対資本比率 ( 12.3% ) は 満足できる 水準であると考えられます。負債の削減: PRBUの負債対資本比率は、過去 5 年間で11.3%から12.4%に増加しました。債務返済能力: PRBUの負債は 営業キャッシュフロー によって 十分にカバー されています ( 50.9% )。インタレストカバレッジ: PRBUの負債に対する 利息支払い は EBIT ( 31.8 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/27 21:35終値2026/04/24 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Practic S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Board Change • Apr 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 31Upcoming dividend of RON30.94 per shareEligible shareholders must have bought the stock before 07 April 2026. Payment date: 30 April 2026. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Romanian dividend payers (6.6%). In line with average of industry peers (3.6%).
Board Change • Mar 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
New Risk • Feb 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 108% Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
Board Change • Feb 18No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Jan 24Practic S.A., Annual General Meeting, Mar 23, 2026Practic S.A., Annual General Meeting, Mar 23, 2026.
Board Change • Dec 23No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Oct 29Upcoming dividend of RON122 per shareEligible shareholders must have bought the stock before 05 November 2025. Payment date: 20 November 2025. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Romanian dividend payers (6.2%). Higher than average of industry peers (3.3%).
New Risk • Sep 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 108% Dividend yield: 4.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 108%
Board Change • Sep 18No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
分析記事 • Jun 26Does Practic (BVB:PRBU) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 29%After last week's 29% share price gain to RON1,240, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 24x in the Real Estate industry in Romania. Total returns to shareholders of 13% over the past year.
Board Change • Jun 12No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Apr 04Upcoming dividend of RON27.00 per shareEligible shareholders must have bought the stock before 09 April 2025. Payment date: 29 April 2025. Trailing yield: 5.3%. Lower than top quartile of Romanian dividend payers (7.6%). In line with average of industry peers (5.6%).
Board Change • Apr 04No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 111% Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).
Board Change • Jan 30No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Dec 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Nov 07Upcoming dividend of RON24.62 per shareEligible shareholders must have bought the stock before 14 November 2024. Payment date: 28 November 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.5%. Lower than top quartile of Romanian dividend payers (7.4%). Lower than average of industry peers (5.1%).
Board Change • Oct 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
分析記事 • Sep 30Market Participants Recognise Practic S.A.'s (BVB:PRBU) EarningsPractic S.A.'s ( BVB:PRBU ) price-to-earnings (or "P/E") ratio of 23x might make it look like a strong sell right now...
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to RON1,180, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 28x in the Real Estate industry in Romania. Total loss to shareholders of 16% over the past year.
Board Change • Sep 28No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to RON1,000, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 31x in the Real Estate industry in Romania.
分析記事 • Jun 11Practic S.A.'s (BVB:PRBU) Popularity With Investors Is ClearPractic S.A.'s ( BVB:PRBU ) price-to-earnings (or "P/E") ratio of 24.3x might make it look like a strong sell right now...
Board Change • Jun 10No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Vice President Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Apr 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
New Risk • Apr 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 58% Last year net profit margin: 87% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Cash payout ratio: 128% Minor Risk Profit margins are more than 30% lower than last year (58% net profit margin).
Upcoming Dividend • Apr 01Upcoming dividend of RON28.06 per shareEligible shareholders must have bought the stock before 08 April 2024. Payment date: 29 April 2024. Payout ratio and cash payout ratio are on the higher end at 97% and 88% respectively. Trailing yield: 4.9%. Lower than top quartile of Romanian dividend payers (7.2%). Higher than average of industry peers (3.6%).
Board Change • Mar 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Boldi Florian was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.